Cerro De Pasco Resources (XCNQ:CDPR) LT-Debt-to-Total-Asset : 0.01 (As of Sep. 2023)

View and export this data going back to 2013. Start your Free Trial

What is Cerro De Pasco Resources LT-Debt-to-Total-Asset?

LT Debt to Total Assets is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. It is calculated as a company's Long-Term Debt & Capital Lease Obligationdivide by its Total Assets. Cerro De Pasco Resources's long-term debt to total assests ratio for the quarter that ended in Sep. 2023 was 0.01.

Cerro De Pasco Resources's long-term debt to total assets ratio increased from Sep. 2022 (0.00) to Sep. 2023 (0.01). It may suggest that Cerro De Pasco Resources is progressively becoming more dependent on debt to grow their business.

Cerro De Pasco Resources LT-Debt-to-Total-Asset Historical Data

The historical data trend for Cerro De Pasco Resources's LT-Debt-to-Total-Asset can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Cerro De Pasco Resources LT-Debt-to-Total-Asset Chart

Cerro De Pasco Resources Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.03

0.01

0.02

Cerro De Pasco Resources Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															-	-	-	-	0.01

Cerro De Pasco Resources LT-Debt-to-Total-Asset Calculation

Cerro De Pasco Resources's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2022 is calculated as

LT Debt to Total Assets (A: Dec. 2022 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2022 )	/	Total Assets (A: Dec. 2022 )
	=	0	/	48.74
	=	0.00

Cerro De Pasco Resources's Long-Term Debt to Total Asset Ratio for the quarter that ended in Sep. 2023 is calculated as

LT Debt to Total Assets (Q: Sep. 2023 )	=	Long-Term Debt & Capital Lease Obligation (Q: Sep. 2023 )	/	Total Assets (Q: Sep. 2023 )
	=	0.288	/	48.722
	=	0.01

Cerro De Pasco Resources (XCNQ:CDPR) LT-Debt-to-Total-Asset Explanation

LT Debt to Total Asset is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. A year-over-year decrease in this metric would suggest the company is progressively becoming less dependent on debt to grow their business.

Cerro De Pasco Resources LT-Debt-to-Total-Asset Related Terms

Thank you for viewing the detailed overview of Cerro De Pasco Resources's LT-Debt-to-Total-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

Cerro De Pasco Resources (XCNQ:CDPR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Cerro De Pasco Resources Inc (XCNQ:CDPR) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

GPPRF:USA N8HP:Germany

Address

22, rue Lafleur Nord, Bureau 203, Saint-Sauveur, QC, CAN, J0R 1R0

Website

https://www.pascoresources.com

Cerro De Pasco Resources Inc is engaged in acquiring and exploring mineral properties. It treats and reprocesses all dumps, tailings, mining waste, and material resources in the Cerro de Pasco Region in Peru. Its projects include the Quiulacocha tailings and Excelsior Stockpile.

Executives

Guy Goulet

Director, Senior Officer

Cerro De Pasco Resources (XCNQ:CDPR) Headlines

No Headlines